Asia Pacific (APAC) Crane Market (2025-2031) | Value, Companies, Industry, Growth, Revenue, Size, Share, Analysis, Trends, Outlook & Forecast

Market Forecast By Types (Mobile Crane, Fixed Crane, Marine and Offshore Crane), By Applications (Industrial Applications, Marine and offshore, Mining and Excavation, Construction), By Countries (China, India, Japan, Australia, Malaysia, Thailand, Indonesia, Rest of Asia Pacific) and Competitive Landscape

Product Code: ETC001650 Publication Date: Jan 1970 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific (APAC) Crane Market  Highlights

Report Name Asia Pacific (APAC) Crane Market
Forecast period 2025-2031
CAGR 7.5%
Growing Sector

Construction

Topics Covered in the Asia Pacific (APAC) Crane Market Report

The Asia Pacific (APAC) Crane Market report thoroughly covers the market by Types, Applications, and Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Asia Pacific (APAC) Crane Market Synopsis

The Asia Pacific (APAC) Crane Market is witnessing significant growth in the coming years. The growth of the market is attributed to rapid urbanization, growing population, technological advancements, and government initiatives. However, the market is also facing some hurdles that have a negative impact on the market growth.

According to 6Wresearch, the Asia Pacific (APAC) Crane Market size is expected to grow at a significant CAGR of 7.5% during 2025-2031. The Asia Pacific region is experiencing urbanization and industrialization in recent years. This is a primary driver for the market as a crane is required for lifting heavy materials. Many countries in this region are investing in infrastructure projects to boost their economy as well as change the lifestyles of the people. To construct infrastructure such as roads, airports, and railways, cranes are required thus driving the market. The rising construction activities in various sectors such as residential and commercial due to the rise in disposable income of the people and changing preferences are further driving the market growth.

The high initial cost of purchasing and maintaining cranes is a major challenge for small and medium-scale businesses. Operating cranes requires proper skills and training which is in shortage in the Asia Pacific region. Cranes are heavy and complex machinery that require strict safety measures to be followed during operation, which is another challenge for the market.

Asia Pacific (APAC) Crane Industry: Leading Players

Some of the key players in the APAC crane market include Zoomlion Heavy Industry Science and Technology Co. Ltd., Sany Group, Tadano Ltd., Kobelco Construction Machinery Co., Ltd., and XCMG Group. These companies dominate the market with their wide range of products and services, technological advancements, and strong distribution networks.

Asia Pacific (APAC) Crane Market: Government Regulations

Government initiatives have played a significant role in boosting the crane market in this region. One such initiative is the implementation of building codes and safety regulations. These codes ensure that all construction projects stick to safety standards, including the use of safe and reliable equipment like cranes. Governments have also introduced subsidies and tax incentives to encourage companies to invest in modern and efficient crane technologies. Moreover, governments are also investing in the development and modernization of port infrastructure, which requires heavy lifting equipment like cranes. Additionally, governments are also promoting sustainable construction practices by encouraging the use of eco-friendly and energy-efficient cranes.

Future Insights of the Market

The Asia Pacific crane market is expected to witness steady growth in the coming years due to ongoing infrastructure developments and investment initiatives by governments. The growing population and urbanization will drive the market further. Technological advancements have made cranes work more efficiently and accurately, and are also expected to shape the future of the market. The rise in disposable income of the people and commercial and residential projects will further drive the market in the future.

Market Segmentation by Countries

According to Ravi Bhandari, Research Head, 6Wresearch, China holds the dominant position in the market as they have a large construction industry, and the government is also investing heavily in infrastructure development projects.

Market Segmentation by Type

The mobile crane segment is expected to dominate the market due to its high flexibility, and easy manoeuvrability which are suitable for various applications such as construction, mining, and industrial projects.

Market Segmentation by Applications

Based on the applications, the construction segment holds the dominant position in the market due to rapid urbanization and an increase in infrastructural projects in many countries.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Asia Pacific Crane Market Overview.
  • Asia Pacific Crane Market Outlook.
  • Historical Data of Asia Pacific Crane Market Revenues & Volume for the Period 2021-2031
  • Asia Pacific Crane Market Size and Asia Pacific Crane Market Forecast of Revenues and Volume until 2031.
  • Historical Data of Asia Pacific Crane Market Revenues and Volume, By applications, for the Period 2021-2031
  • Market Size & Forecast of Asia Pacific Crane Market Revenues and Volume, By applications, until 2031
  • Historical Data of Asia Pacific Crane Market Revenues and Volume, By types, for the Period 2021-2031
  • Market Size & Forecast of Asia Pacific Crane Market Revenues and Volume, By types, until 2031
  • Historical Data of China Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of China Crane Market Revenues and Volume, until 2031
  • Historical Data of India Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of India Crane Market Revenues and Volume, until 2031
  • Historical Data of Australia Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of Australia Crane Market Revenues and Volume, until 2031
  • Historical Data of Japan Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of Japan Crane Market Revenues and Volume, until 2031
  • Historical Data of Malaysia Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of Malaysia Crane Market Revenues and Volume, until 2031
  • Historical Data of Indonesia Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of Indonesia Crane Market Revenues and Volume, until 2031
  • Historical Data of Thailand Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of Thailand Crane Market Revenues and Volume, until 2031
  • Historical Data of Rest of Asia Pacific Crane Market Revenues and Volume, for the Period 2021-2031
  • Market Size & Forecast of Rest of Asia Pacific Crane Market Revenues and Volume, until 2031
  • Market Drivers and Restraints
  • Asia Pacific Crane Market Trends and Industry Life Cycle
  • Porter's Five Force Analysis
  • Market Opportunity Assessment
  • Asia Pacific Crane Market Share, By Players
  • Asia Pacific Crane Market Share, By Regions
  • Asia Pacific Crane Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Types

  • Mobile Crane
  • Fixed Crane
  • Marine And Offshore Crane

By Applications

  • Industrial Applications
  • Marine And Offshore
  • Mining And Excavation
  • Construction

By Countries

  • China
  • India
  • Japan
  • Australia
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of Asia Pacific

Asia Pacific (APAC) Crane Market 2025-2031: FAQs

The mobile crane segment is expected to experience significant growth in the coming years.
The key factors driving the growth of the market due to technological advancements, rising income of the people, and government investment.
The construction application holds the highest market share.
The key challenges faced by the market are the high cost, lack of skills, and strict regulations.
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Asia Pacific Crane Market Overview
3.1 Asia Pacific Crane Market Revenues and Volume, 2021-2031F
3.2 Asia Pacific Crane Market Revenue Share, By Types, 2021-2031F
3.3 Asia Pacific Crane Market Revenue Share, By Applications, 2021-2031F
3.4 Asia Pacific Crane Market Revenue Share, By Regions, 2021-2031F
3.5 Asia Pacific Crane Market - Industry Life Cycle
3.6 Asia Pacific Crane Market - Porter’s Five Forces
4. Asia Pacific Crane Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Asia Pacific Crane Market Trends
6. Asia Pacific Crane Market Overview, by Types
6.1 Asia Pacific Mobile Cranes Market Revenues and Volume, 2021-2031F
6.2 Asia Pacific Fixed Cranes Market Revenues and Volume, 2021-2031F
6.3 Asia Pacific Marine & Offshore Cranes Market Revenues and Volume, 2021-2031F
7. Asia Pacific Crane Market Overview, by Applications
7.1 Asia Pacific Crane Market Revenue and Volumes, By Industrial, 2021-2031F
7.2 Asia Pacific Crane Market Revenue and Volumes, By Construction, 2021-2031F
7.3 Asia Pacific Crane Market Revenue and Volumes, By Mining & Excavation, 2021-2031F
7.4 Asia Pacific Crane Market Revenue and Volumes, By Marine & Offshore, 2021-2031F
7.5 Asia Pacific Crane Market Revenue and Volumes, By Others, 2021-2031F
8. India Crane Market Overview
8.1 India Crane Market Revenues and Volume, 2021-2031F
8.2 India Crane Market Revenues and Volume, By Types 2021-2031F
8.3 India Crane Market Revenues and Volume, By Applications 2021-2031F
8.4 India Crane Market Revenues and Volume, By Countries 2021-2031F
9. China Crane Market Overview
9.1 China Crane Market Revenues and Volume, 2021-2031F
9.2 China Crane Market Revenues and Volume, By Types 2021-2031F
9.3 China Crane Market Revenues and Volume, By Applications 2021-2031F
10. Japan Crane Market Overview
10.1 Japan Crane Market Revenues and Volume, 2021-2031F
10.2 Japan Crane Market Revenues and Volume, By Types 2021-2031F
10.3 Japan Crane Market Revenues and Volume, By Applications 2021-2031F
11. Australia Crane Market Overview
11.1 Australia Crane Market Revenues and Volume, 2021-2031F
11.2 Australia Crane Market Revenues and Volume, By Types 2021-2031F
11.3 Australia Crane Market Revenues and Volume, By Applications 2021-2031F
12. Malaysia Crane Market Overview
12.1 Malaysia Crane Market Revenues and Volume, 2021-2031F
12.2 Malaysia Crane Market Revenues and Volume, By Types 2021-2031F
12.3 Malaysia Crane Market Revenues and Volume, By Applications 2021-2031F
13. Thailand Crane Market Overview
13.1 Thailand Crane Market Revenues and Volume, 2021-2031F
13.2 Thailand Crane Market Revenues and Volume, By Types 2021-2031F
13.3 Thailand Crane Market Revenues and Volume, By Applications 2021-2031F
14. Indonesia Crane Market Overview
14.1 Indonesia Crane Market Revenues and Volume, 2021-2031F
14.2 Indonesia Crane Market Revenues and Volume, By Types 2021-2031F
14.3 Indonesia Crane Market Revenues and Volume, By Applications 2021-2031F
15. Rest of Asia Pacific Crane Market Overview
15.1 Rest of Asia Pacific Crane Market Revenues and Volume, 2021-2031F
16. Asia Pacific Crane Market Competitive Landscape
16.1 Asia Pacific Crane Market Revenue Share, By Companies,2021
16.1.1 India Crane Market Revenue Share, By Companies, 2021
16.1.2 China Crane Market Revenue Share, By Companies, 2021
16.1.3 Japan Crane Market Revenue Share, By Companies, 2021
16.1.4 Australia Crane Market Revenue Share, By Companies, 2021
16.1.5 Malaysia Crane Market Revenue Share, By Companies, 2021
16.1.6 Indonesia Crane Market Revenue Share, By Companies, 2021
16.1.7 Thailand Crane Market Revenue Share, By Companies, 2021
16.2 Asia Pacific Crane Market Competitive Benchmarking, By Operating Parameters
17. Company Profiles
18. Key Strategic Recommendations
19. Disclaimer
 

Market Forecast By Types (Mobile Crane, Fixed Crane, Marine and Offshore Crane), By Applications (Industrial Applications, Marine and offshore, Mining and Excavation, Construction), By Countries (China, India, Japan, Australia, Malaysia, Thailand, Indonesia, Rest of Asia Pacific) and Competitive Landscape

Product Code: ETC001650 Publication Date: Mar 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific crane market has registered robust growth due to surging demand for construction equipment, developing infrastructure and increasing mining industries. Various developing countries are presenting different improvements and guidelines for expanding the infrastructure which drives the demand for the crane market in the Asia Pacific for public and private buildings. Asia Pacific market is projected to register a decline in demand during 2020, due to the occurrence of COVID-19, which has lead to an economic slowdown globally. Major countries in the Asia Pacific region has witnessed a lockdown during the first half of 2020

According to 6wresearch, Asia Pacific (APAC) Crane Market is expected to grow during 2020-2026.  The demand for cranes in the utility sector is increasing in the Asia Pacific region owing to rapid urbanization and modernization. In the Asia Pacific region, China is the leading crane market due to the presence of the largest manufacturers of cranes all over the world. The government of China has pushed the infrastructure industry to bypass projects for the development of road construction, smart city, and other public services, which would create demand for the crane market. Moreover, India consists of flourishing industries in the construction sector owing to rapid urbanization, increasing population, and growing government expenditure in infrastructure projects leading to the growth of the Asia Pacific crane market.

Based on types, the mobile crane segment is expected to dominate the Asia Pacific crane market as it provides a high level of strength and flexibility as related to other cranes. Mobile cranes are expected to be less time-consuming as compared to manual workers. Furthermore, the construction segment is also projected to grow in this region due to growing infrastructural activities in a commercial and residential area during the forecast period.

The Asia Pacific Crane Market report comprehensively covers the market by types, applications and countries including India, China, Japan, Australia, Malaysia, Thailand, Indonesia, and the Rest of the Asia Pacific region. The Asia Pacific Crane market outlook provides an unbiased and detailed analysis of the on-going Asia Pacific Crane market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Asia Pacific crane market is anticipated to register sound revenues during the forecast period 2020-26F on the back of the profound growth of construction, mining, and oil & gas industries. Additionally, less human intervention with physical work which is leading to declining in labor injuries during construction work is expected to augment the adoption of cranes for carrying forward the construction activities effectively and is anticipated to leave a positive impact on the overall market growth of Asia Pacific crane market and in the countries, especially, Japan and India were, the construction sector is experiencing significant with scaling development each year. Moreover, the India crane market is estimated to generate lucrative opportunities in the market owing to the launch of bullet trains, a project on which the country is working and is about to accomplish in the coming timeframe. The high degree construction of bullet trains require crane machines to lift heavy objects during the development of train structure and is anticipated to generate significant demand projections for crane machines in the country for the same in the coming years and is anticipated to benefit the Indian crane market which is, further, expected to leave a positive impact on the growth of the Asia Pacific crane market during the forecast period.

Asia Pacific crane market is anticipated to gain traction in the forthcoming years backed by the rise in the potential growth of the retail, transport, and manufacturing sectors. Additionally, the automotive industry especially India, Japan, and China is gaining popularity due to an increase in the adoption of electric vehicles and has led to rising manufacturing and maintenance process and as a result, is likely to require overhead cranes to lift automobile parts which are act as a positive factor driving impressive growth of the Asia Pacific Cranes Market in the coming years. The major key players in the Asia pacific cranes market are Zoomlion heavy industry science & technology Co. Ltd., Furukawa Unic corporation, Link-belt corporation Equipment Co.

 Key Highlights of the Report:

  • Asia Pacific Crane Market Overview.
  • Asia Pacific Crane Market Outlook.
  • Historical Data of Asia Pacific Crane Market Revenues & Volume for the Period 2016-2019.
  • Asia Pacific Crane Market Size and Asia Pacific Crane Market Forecast of Revenues and Volume until 2026.
  • Historical Data of Asia Pacific Crane Market Revenues and Volume, By applications, for the Period 2016-2019
  • Market Size & Forecast of Asia Pacific Crane Market Revenues and Volume, By applications, until 2026
  • Historical Data of Asia Pacific Crane Market Revenues and Volume, By types, for the Period 2016-2019
  • Market Size & Forecast of Asia Pacific Crane Market Revenues and Volume, By types, until 2026
  • Historical Data of China Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of China Crane Market Revenues and Volume, until 2026
  • Historical Data of India Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of India Crane Market Revenues and Volume, until 2026
  • Historical Data of Australia Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Australia Crane Market Revenues and Volume, until 2026
  • Historical Data of Japan Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Japan Crane Market Revenues and Volume, until 2026
  • Historical Data of Malaysia Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Malaysia Crane Market Revenues and Volume, until 2026
  • Historical Data of Indonesia Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Indonesia Crane Market Revenues and Volume, until 2026
  • Historical Data of Thailand Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Thailand Crane Market Revenues and Volume, until 2026
  • Historical Data of Rest of Asia Pacific Crane Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Rest of Asia Pacific Crane Market Revenues and Volume, until 2026
  • Market Drivers and Restraints
  • Asia Pacific Crane Market Trends and Industry Life Cycle
  • Porter's Five Force Analysis
  • Market Opportunity Assessment
  • Asia Pacific Crane Market Share, By Players
  • Asia Pacific Crane Market Share, By Regions
  • Asia Pacific Crane Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Asia Pacific Crane Market report provides a detailed analysis of the following market segments:

  • By Types:
    • Mobile Crane
    • Fixed Crane
    • Marine and Offshore Crane
  • By Applications:
    • Industrial Applications
    • Marine and offshore
    • Mining and Excavation
    • Construction
    • Other Applicants
  • By Countries:
    • China
    • India
    • Japan
    • Australia
    • Malaysia
    • Thailand
    • Indonesia
    • Rest of Asia Pacific

Others Key Reports Available:

  • China Crane Market Report
  • India Crane Market Report
  • Japan Crane Market Report
  • Australia Crane Market Report
  • Malaysia Crane Market Report
  • Thailand Crane Market Report
  • Indonesia Crane Market Report

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